Frontline Rides Above Average Volume To New High
Posted on Monday, May 19, 2008 10:06 AM
(RTTNews) - Frontline Ltd.
(FRO) gapped open higher on Monday and has been holding an upward momentum through the first 35 minutes of trading. The move is fueled by abnormally strong volume.
The stock is currently at $64.60 up $2.01 from Friday's close.
The advance has taken the stock above resistance and to a new multi-year high.
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